BL Regulatory Review Rep

U.S. Bank • Milwaukee, WI

7d • $60,435 - $71,100 • Hybrid

About The Position

This position with U.S. Bank Global Fund Services (GFS) Financial Crimes Compliance team will support and ensure compliance with the Global Fund Services Anti-Money Laundering (“AML”) and Identity Theft Programs and Cayman Island and U.S. AML laws and regulations. This position investigates unusual activity arising from day-to-day surveillance, monitoring, and escalations of issues from the transfer agent and alternative investment investor services. This position requires attention to detail, analytical acumen, excellent verbal and written communication skills along with the ability to identify and assess unusual activity. The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

Requirements

• Bachelor’s degree, or equivalent work experience
• Typically five or more years of experience in regulatory compliance activities
• Strong Microsoft Office skills.
• Ability to effectively communicate regulatory and procedural issues with internal and external customers
• Excellent organizational and time management skills, problem solving abilities, and project management skills to research and manage multiple projects and deadlines

Nice To Haves

• Experience with Cayman Island and U.S. AML laws and regulations
• One to two years of experience in fraud risk management activities
• Basic knowledge of government and regulatory laws and regulations
• TA2000, Power Agent or Fenergo knowledge a plus.

Responsibilities

• Reviewing and analyzing shareholder account escalations to identify unusual activity.
• Investigating unusual shareholder and investor activity.
• Reviewing investor onboarding documentation, escalations, and risk.
• Assisting internal and external audits and exams.
• Participating in team initiatives and improvements as required.
• Ensures assigned locations, business units, or proposed products and processes are in compliance with various laws and regulations.
• Develops and enforces compliance policies and procedures.
• Acts as the primary compliance consultant/resource for assigned location, business units, or products with respect to questions, consulting, and training.
• Participates in, and ensures compliance in the design and development of policies, procedures, processes and training programs.
• Analyzes new and pending laws and regulations which directly affect company practices and works with affected areas to ensure appropriate compliance.
• May be involved in a variety of compliance projects and initiatives regarding information disclosure, legal proceedings, etc.
• Performs periodic reviews to assess level of regulatory compliance.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level